What is a Social Purpose Organization? 

CWCF’s ‘Justice, Equity, Diversity, and Inclusion (JEDDI) Business Conversion Project’ seeks to empower business owners and potential owners from equity-denied groups through the Social Purpose Organization model (SPOs). 

According to Economic and Social Development Canada, Social Purpose Organizations include the following:

 

The charitable and non-profit sector

  • Registered charities
  • Incorporated non-profit organizations
  • Non-profit Co-operatives

The private sector

  • Market sector Co-operatives
  • Private businesses advancing a social or environmental mission

Hybrid entities

  • Community Contribution Companies (British Columbia)
  • Community Interest Companies (Nova Scotia)

 

Types of Social Purpose Organizations:

Worker Co-operatives

     Worker Co-operative Examples

Consumer Co-operatives

     Consumer Co-operative Examples

Social Enterprises

     Social Enterprise Examples

 

 

Find out:

What is a Social Enterprise?

What are some examples of business conversions/social acquisitions? 

How does a business conversion work?


CWCF’s JEDDI Business Conversions project is funded by the Government of Canada’s Investment Readiness Program